Revolve Group Announces Third Quarter 2026 Financial Results
Revolve Group posted Q3 2026 net sales of $356.0 million, up 20% year-over-year, with 20% growth in both the REVOLVE and FWRD segments and 22% international growth. Profitability moved the other way: net income fell 27% to $15.5 million, diluted EPS was $0.20 versus $0.29 a year ago, Adjusted EBITDA declined 7%, and free cash flow turned negative at $(27.0) million on working-capital drag. Customer momentum remained strong — active customers grew 18% to 3.24 million, the best growth rate in three and a half years — and October net sales rose a mid-teen percentage, though November and December comparisons get tougher.
Key figures
- Eps
- 0.2
- Revenue
- 355959000
- Guidance
- FY26: gross margin 53.9-54.0% (raised at low end from 53.5-54.0%), selling & distribution 17.5% of net sales, G&A $178.0M (up from prior $170-172M); Q4 gross margin 52.3-52.8%, marketing 16.9% of net sales
- Revenue Yoy
- 20%
- Inventory
- 293300000
- Net income
- 15524000
- Gross margin
- 53.9%
- Gross profit
- 191795000
- Inventory yoy
- +23%
- Domestic sales
- 277400000
- Net income yoy
- -27%
- Adjusted ebitda
- 23491000
- Active customers
- 3243000
- Total orders yoy
- 19%
- Fwrd segment sales
- 49200000
- Adjusted ebitda yoy
- -7%
- Average order value
- 292
- International sales
- 78600000
- Cash and equivalents
- 284600000
- Revolve segment sales
- 306800000
- Active customer growth
- 18%
- October net sales growth
- mid-teen percentage YoY
AI analysis
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